Unit 12a, Broadway Plaza, FiveWays, 220 Ladywood Middleway, Birmingham, West Midlands, B16 8LP

Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • Fitted City Centre Unit with Hot Food Consent • Available Immediately • No Premium

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 51 Regent Parade, Birmingham, B1 3NS

Full Description: LocationLocated in the heart of Birmingham only a stone's throw away from places such as Broad Street and Brindleyplace, kids and grownups have a lot to choose from at Broadway Plaza. Other tenants include Costa Coffee, Dominos Pizza, Odeon LUXE, Hollywood Bowl, Mr Mulligans Golf, Subway, Dixy Chicken and i'KRAVE.DescriptionThe property is a modern lock-up retail unit, situated in the busy Broadway Plaza leisure scheme at Five Ways, Birmingham. Benefiting from glazed frontage with roadside prominence, dedicated rear catering kitchen (with extraction) and staff toilets. The property is fitted as a modern café/delicatessen store with ceiling mounted spots, recessed wall down lighting and solid wood flooring.Tenure CommentsThe unit is available by way of assignment of the existing lease which expires July 2029. The passing rent is £26,500 per annum, exclusive. EPCThe premises has an EPC rating of D(86). Service Charge InformationThe unit forms part of a serviced leisure scheme, Broadway Plaza, and benefits from communal services such as Multi Storey Parking, 24/7 manned security, Estate lighting and cleaning. The current service Charge for the premises, payable quarterly, is approximately £6,500 per annum.InsuranceThere is an annual insurance charge levied by the landlord, charge TBC for 2024/25.PlanningWe understand that the premises falls within 'class E' of the planning use class order. Interested parties are advised to check with the local council that their intended use is suitable. VATVAT is be payable at the prevailing rate on Rent, Service Charge and Insurance .Legal CostsEach party will be responsible for covering their own legal costs incurred in the transaction.SecurityIt is likely that the Landlord will require a security deposit and/or personal guarantee from the successful applicant.